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To: BGR who wrote (46014)	6/9/1999 10:19:00 PM
From: Cynic 2005	Read Replies (1) \| Respond to of 86076

<<5. Is considered by many to be a hedge against inflation. That belief alone - and nothing else - makes gold a hedge against inflation. >> It is no different than the confidence game. The big difference is that gold was time-tested (for thousands of years, I might add) as a medium of "value" and exchanged between generations. One Dutch Central Bank, one IMF, one BOE, one BGR are can not change this perception during a period in which fiat money has gone hog-wild. One thing people should learn to respect is what history taught us about ourselves. Human behviour in groups is predictable. It is a temporal truth which holds good across all geographic boundaries, religions and races. <eos>

To: BGR who wrote (46014)	6/10/1999 10:16:00 AM
From: long-gone	Read Replies (2) \| Respond to of 86076

reposted: 300 tonnes annual industrial usage is hardly as trivial as you would have many believe. Industrial and Dental Uses of Gold Gold's great virtues of malleability, ductility, reflectivity, resistance to corrosion and unparalleled ability as a thermal and electrical conductor mean it is used in a wide variety of industrial applications consuming close to 300 tonnes annually.(cont) gold.org